Opinion – Thursday 9 December 2021

U.S. Equity Markets closed higher for the third consecutive trading session, led by the NDX’s 0.42% gain. Pharmaceutical giant Pfizer (PFE) and partner BioNTech (BNTX) said laboratory results showed a third dose of their COVID-19 vaccine offers “significant...

Opinion – Wednesday 8 December 2021

U.S. Equity Markets surged for the second consecutive trading session as the vertical move higher was led by the NASDAQ 100, closing with a gain of 3.03%. This move higher saw the VIX close 19.50% lower at a price of 21.89. Pharmaceutical giant GlaxoSmithKline and...

Opinion – Tuesday 7 December 2021

U.S. Equity Markets started the week in positive fashion, led by the Dow’s 1.87% gain as yet again one short position after another was stopped out. It was a relatively quiet day, with only COVID-19 making waves in the markets. National Institute of Allergy and...

Opinion – Monday 6 December 2021

U.S. Equity Markets ended Friday’s session lower after a volatile trading session following the weaker than expected Non-Farm Payroll Report. The NASDAQ 100 led the decline, closing lower by 1.74%. Non-Farm Payroll data fell well short of expectations, with the...

Opinion – Friday 3 December 2021

U.S. Equity Markets finished yesterday’s session higher as expected as yet again the McClellan Oscillator proved what a fantastic technical signal it is. The Dow led the rally closing with a gain of 1.83%. Weekly Jobless Claims were the big data point in the...

Opinion – Thursday 2 December 2021

Following one of the largest intra-day reversals in many months, U.S. Equity Markets finished yesterday’s trading session on the lows of the day as both the Dow and S&P closed below their respective 50-Day Moving Averages. In the early afternoon, strong economic...

Opinion – Wednesday 1 December 2021

After a volatile trading session, U.S. Equity Markets closed lower, led by the S&P breaking 4600, to close with a loss of 1.90%. Yesterday was the best ever trading session for my Platinum Service, generating over 950 points. In testimony before Congress, Fed...

Opinion – Tuesday 30 November 2021

U.S. Equity Markets reversed 50% of Friday’s declines, as health officials and Governments tried to play down the threat of Omicron. The NDX led the rally, closing higher by 2.33%. The White House said it would join other nations banning travellers from eight southern...

Opinion – Monday 29 November 2021

U.S. Equity Markets got slammed on Friday after a new COVID 19 strain named Omicron emerged in South Africa, causing the British government to ban flights from the region, and sparking global growth concerns. The Dow led the decline as stocks suffered their worst...

Opinion – Friday 26 November 2021

U.S. Equity Futures Markets rose yesterday on what otherwise was a very quiet trading session. Markets will not return to normal until Monday as the Cash Equity Markets are only open for a half-day. The December S&P now trades within 1% of its all-time high....

Opinion – Thursday 25 November 2021

Plenty of two-way price action again in yesterday’s session saw U.S. Equity Markets close higher, led by the NASDAQ 100 which ended the day with a gain of 0.37%. Weekly Jobless Claims fell more than expected, hitting the lowest level since 1969. Personal Consumption...

Opinion – Wednesday 24 November 2021

After a volatile trading session which saw plenty of two-way price action, U.S. Equity Markets finished yesterday mixed. While the Dow closed higher by 0.54%, the NASDAQ 100 finished the session with a loss of 0.45%. President Joe Biden announced that the U.S. would...

Opinion – Tuesday 23 November 2021

A volatile start to Thanksgiving Week for  U.S. Equity Markets, as the Dow sold off 300 points into the close after President Biden announced that Jerome Powell will remain as Fed Chairman. The NDX led the decline, closing lower by 1.13% as the VIX ended yesterday’s...

Opinion – Monday 22 November 2021

After a volatile trading session U.S. Equity Markets ended Friday’s session mixed after the NDX closed at yet another new all-time high after a gain of 0.55% while the Dow closed lower by 0.75% and is now trading nearly 1000 points off its November high. Federal...